InsurTech Investments Break Further Records in Q1

May 10, 2019

InsurTech investors worldwide executed the highest number of transactions, the highest number of property/casualty transactions, and the highest volume of Series B and Series C funding rounds during the first three months of 2019, according to the new Quarterly InsurTech Briefing published by Willis Towers Watson.

Eighty-five deals with a total value of $1.42 billion were announced in Q1 2019, marking the third-straight quarter to deliver more than $1 billion in funding, said the report.

At 56, the latest quarter saw the greatest number of property and casualty (P&C) transactions since WTW began publishing this InsurTech briefing in Q1 2017. P/C transactions were up 37% from Q4 2018.

Other findings from the report include:

View the full report here.

Source: Willis Towers Watson

*This story appeared previously in our sister publication Insurance Journal.